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Nov 22, 2012
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between that and how do we have an economy? how we grow an economy? that we provide for the kids? >> that's a great point. when i talked about the exploding cost of entitlement, there is something that is the expensive single program. it is hard to reform these programs with the democrats and unions. the union to run as for the first thing they say in a press conference after they met with president obama is we are not going to tolerate any reductions on any of these programs. it makes it very difficult to do anything about reforming them when you have one party that doesn't want to do it. >> so this is a centerpiece of the fiscal cliff on the spending side. it would be up to the republicans to convince the american public that we have to reform these things in order to save these things. to a large degree, we have to be concerned that they are not articulating this to the point where people are saying now. i'm not ready to do it. even though the irony is any sort of reasonable person would suggest one hit anybody older than 40 years old right now. >> what was depressing -- there
between that and how do we have an economy? how we grow an economy? that we provide for the kids? >> that's a great point. when i talked about the exploding cost of entitlement, there is something that is the expensive single program. it is hard to reform these programs with the democrats and unions. the union to run as for the first thing they say in a press conference after they met with president obama is we are not going to tolerate any reductions on any of these programs. it makes it...
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Nov 27, 2012
11/12
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economy. we're trying to help the economy. and so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and grounds for my position. >> the truth is this country does not need to go through this fiscal cliff, which is fundamentally a huge tax increase and very little spending cuts. we're favoring a huge automatic tax increase that needs to be changed. >> bottom line we can't go off the fiscal cliff. democrats have harry reid. we have mitch mcconnell. get them in the room. no one gets all they want. if reagan and o'neill could do it, obama and boehner should be able to do it. >> it's the right approach, the one most beneficial for our economy, that protects the middle class and strengthens it and creates ladders of opportunity for those who aspire to the middle, to get there. >> it's time for the president to present a plan that rises above the reckless and radical voices on the hard left, that goes beyond the talking points of the campaign t
economy. we're trying to help the economy. and so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and grounds for my position. >> the truth is this country does not need to go through this fiscal cliff, which is fundamentally a huge tax increase and very little spending cuts. we're favoring a huge automatic tax increase that needs to be changed. >> bottom line we can't go off the fiscal cliff. democrats have harry reid. we...
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Nov 27, 2012
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you are right to a certain extent but it is a good gamble $for $500 million but officials say as the economy goes south often lottery sales go north. if you have a little bit you have big dreams and weirdly a factor that hurts sales is gas prices. you pay $80 at the pump you are less likely to throw down $2 for a ticket but right now she says sales are strong. >> the lines are so long we are selling in new york, $500,000 per hour and that is now the day before, imagine tomorrow, we will probably be going $1 million in sales an hour. >>trace: it is in 42 states and washington, dc and the virgin islands. >>shepard: we love you. if a knocker wins we want her on the program. >>trace: absolutely. done. >>shepard: you all watch it, don't you? a message from the teenage star of "2 1/2 men." why he is telling people to stop watching the show that made him a millionaire child. maybe because he's a child. wo. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- you know, it's like it just hits you fast. you know, you start thinking about what's
you are right to a certain extent but it is a good gamble $for $500 million but officials say as the economy goes south often lottery sales go north. if you have a little bit you have big dreams and weirdly a factor that hurts sales is gas prices. you pay $80 at the pump you are less likely to throw down $2 for a ticket but right now she says sales are strong. >> the lines are so long we are selling in new york, $500,000 per hour and that is now the day before, imagine tomorrow, we will...
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Nov 29, 2012
11/12
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is heading more and more toward sort of european socialist style economy. now, the european social model has been a failure in europe. no reason to believe it will succeed in the united states. and as margaret thatcher pointed out many years ago, the problem with socialist governments is that eventually they run out of other people's money to spend, and that is what is happening here in the united states. a poll came out today showing that 45 percent of democrats look favorably upon socialism which is a deeply worrying development. fortunately most americans -- gerri: did you say 45? gerri: 45? >> 45 percent of democrats according to a rasmussen poll published earlier today. fortunately the overall majority still believe in a capitalist free enterprise system, so there is still. gerri: the problem with what is being talked about, what is on the table is that it changes so dramatically. individuals, business operators. it -- one each address this directly. wealthy people will never change the way live. it won't change and they spend, how they invest. just be
is heading more and more toward sort of european socialist style economy. now, the european social model has been a failure in europe. no reason to believe it will succeed in the united states. and as margaret thatcher pointed out many years ago, the problem with socialist governments is that eventually they run out of other people's money to spend, and that is what is happening here in the united states. a poll came out today showing that 45 percent of democrats look favorably upon socialism...
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Nov 28, 2012
11/12
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you won't grow the economy if you raise tax rates on the top two rates. it will hurt small businesses, hurt our economy. >> so let's bring in the political panel on this topic for today. erin mcpike back with us and david goodfriend, democratic strategist and contributor. thank you for sticking around. let's bring in the element of tom cole, a republican of oklahoma. doesn't get more red than oklahoma. let's play what he said regarding support and passing the middle class tax cut. >> in my view, we all agree we won't raise taxes on people making less than $250,000. we should take them out of this discussion right now. >> what is the issue with that? >> well, what congressman cole has really shown is that there's an imminent amount of good logic and sense in preserving the current tax rates for 98% of americans for a lot of reasons. one of which is the gdp dependent on consumer spending. 0% of the economy is consumer spending. if you take $2,000 on average out of pockets of consumers, it's going to hurt the economy so right away you have a low tax good eco
you won't grow the economy if you raise tax rates on the top two rates. it will hurt small businesses, hurt our economy. >> so let's bring in the political panel on this topic for today. erin mcpike back with us and david goodfriend, democratic strategist and contributor. thank you for sticking around. let's bring in the element of tom cole, a republican of oklahoma. doesn't get more red than oklahoma. let's play what he said regarding support and passing the middle class tax cut....
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Nov 27, 2012
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growing the economy or punishing success? >> sir, thanks for your time today, i appreciate it. >> have a great day. >> you too. >>> this leads to our big question of the day, the afl-cio calling republicans hostage takers. do you agree? are both sides standing in the way of compromise? >>> and we're going to get to the other side of the issue when i speak with bernie sanders of vermont. we are keeping our eyes on the breaking news coming to us out of cairo. i want to show you live pictures of protesters back in tahrir square today for another day of demonstrations over the egyptian president's effort to assert new powers. the protesters reminiscent of the uprising that took down hosni mubarak two years ago, and we've heard a third protester has died as a result of these protests. n. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunde
growing the economy or punishing success? >> sir, thanks for your time today, i appreciate it. >> have a great day. >> you too. >>> this leads to our big question of the day, the afl-cio calling republicans hostage takers. do you agree? are both sides standing in the way of compromise? >>> and we're going to get to the other side of the issue when i speak with bernie sanders of vermont. we are keeping our eyes on the breaking news coming to us out of cairo. i...
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Nov 21, 2012
11/12
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. >> and you stimulate your economy. if you raise rates and don't cut expenditures, what you are doing is making the fiscal problem that much worse. raising rates is a onetime revenue grab. expenditures is a long-term reduction in. and the reality is, we have to do a lot more of expenditure reduction than we do increases in revenue. tom: do you think that the democrats and specifically the president would go along with some sort of quid pro quo where for every dollar for every $5 of reduction in spending we will have some sort of formula that raises rates? >> i think that is doable. not raising rates. i think raising revenue, meaning put some limits on deductions. but some women on exemptions. but some women on some of these special deals that people have or engage in. i concede that as an avenue through which you can gain more revenue. it comes out to the same thing. taxes go up. tom: but it's a little easier to sell. >> the promise not to increase tax rates. but none of it, i think, works. unless the white house is ser
. >> and you stimulate your economy. if you raise rates and don't cut expenditures, what you are doing is making the fiscal problem that much worse. raising rates is a onetime revenue grab. expenditures is a long-term reduction in. and the reality is, we have to do a lot more of expenditure reduction than we do increases in revenue. tom: do you think that the democrats and specifically the president would go along with some sort of quid pro quo where for every dollar for every $5 of...
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Nov 24, 2012
11/12
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. ♪ ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan insured by unitedhealthcare insurance company. standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs.n guide. call or go online today. after all, when you're going the distance it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long.é@ >>> a natural gas explosion in downtown massachusetts has destroyed at least one building andd eight people. defianc
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. ♪ ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp an organization serving the needs of americans 50 and over for...
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Nov 21, 2012
11/12
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so lock at that and think twice what they are doing and be thankful you have a job in the economy. >>eric: thank you for joining us today. forget the union threat, is the fiscal cliff a threat? doing a number on holiday shoppers? sandra, people are not shopping because they worried about the fiscal cliff, is this true? >>guest: they say they will change their habits. even if there is a deal goldman sachs saying consumers will be impacted but it is the thought of the so-called fiscal cliff that has consumers spooked. a study says half of u.s. adults say the impending cliff will impact their holiday shopping plans in some sort of way, and 18 percent of respondents say the fiscal cliff will have a large impact on their overall holiday spending this year. now, that being said, the sacrifices consumers will make over the holidays go far beyond the mall, we are talking about the sluggish economy, having an impact on other sacrifices that americans are making, their vacations, they have relied on relatives for air fare to get home and scoured the remember for travel deals to ensure they c
so lock at that and think twice what they are doing and be thankful you have a job in the economy. >>eric: thank you for joining us today. forget the union threat, is the fiscal cliff a threat? doing a number on holiday shoppers? sandra, people are not shopping because they worried about the fiscal cliff, is this true? >>guest: they say they will change their habits. even if there is a deal goldman sachs saying consumers will be impacted but it is the thought of the so-called fiscal...
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Nov 25, 2012
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our economy shifted. we now have a retail-based and consumer-based economy with 70% of the gdp based on consumerism. what are the jobs creating a middle class and healthier economy? we would say that walmart needs to play a major role with 1.4 million employees. >> your point isn't to put them out of business. as you make this point, i was thinking back to the moment when you have civil rights activists sitting in at woolworth counters. those are extremely localized. woolworth for the kind of economic power that it had at the time in greensboro isn't a walmart. it doesn't have that sort of broad international multibillion dollar impact. so there's just this part of me thinks have we shifted to an economy, not a ford car's based economy, it's a walmart-based economy. they're huge, multinational, multibillion. can workers still have a voice in that kind of -- >> it's tough. in the ford model, you enable that worker to go home to their community and spend their dollars in the community their spending, they w
our economy shifted. we now have a retail-based and consumer-based economy with 70% of the gdp based on consumerism. what are the jobs creating a middle class and healthier economy? we would say that walmart needs to play a major role with 1.4 million employees. >> your point isn't to put them out of business. as you make this point, i was thinking back to the moment when you have civil rights activists sitting in at woolworth counters. those are extremely localized. woolworth for the...
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Nov 29, 2012
11/12
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and the government control the reinvestment interest the economy. really, there is not much evidence that that has worked. it didn't work under obama or bush, even an argument it didn't work under fdr, which is where it came from. that probably world war ii bailed us out of the economic slump, probably called the great depression, rather than that. i am a sophisticated guy, i don't have a lot of sophisticated looks on things. i just know that i have 350 employees and if you raise a bunch of taxes on me, i really don't have as much money to hire people with. and sometimes people act like i take that money off and stick it in the bank. and i'm just trying to get richer and richer or something, and don't hire people. like i'm a greedy jerk. it helps me to help more people, i can't do that if i'm sending more money to the government. to me. it slows the economy to raise taxes. >> final question, dave, despite your opposition ideology to powerball, have sneakily bought a ticket? >>, you know i have done a lot of stupid things, but never done that. >> you
and the government control the reinvestment interest the economy. really, there is not much evidence that that has worked. it didn't work under obama or bush, even an argument it didn't work under fdr, which is where it came from. that probably world war ii bailed us out of the economic slump, probably called the great depression, rather than that. i am a sophisticated guy, i don't have a lot of sophisticated looks on things. i just know that i have 350 employees and if you raise a bunch of...
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Nov 29, 2012
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money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans. republicans have been willing to negotiate. if he doesn't come forward and provide real leadership, we go off the cliff, the economic disaster that we're going to see is going to be squarely on the shoulders of this president. >> sean: i would like to adopt something like the mac penny plan. cut one penny out of every dollar washington spends, and we move to a balanced budget. with baseline budgeting, you have increases every year. can you ever get rid of baseline budgeting? >> if any corporation in america operated the way the co
money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans....
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Nov 29, 2012
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >>> have you joined the "politicsnation" conversation on facebook yet? we hope you will. president obama and romney's white house lunch was the topic of the day. charmaine says, it's great that they can meet. syed said, this is an awesome display of shake of hands of bipartisan relations. we hope. it didn't take long for the photo shoppers to make their own colorful edits to the picture. we can only imagine what big bird would have said to these two. weapon want to hear what you think about the lunch or anything that's on your mind. head over to "politicsnation" and "like" us to join the conversation that's going on long after the show ends. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus pla
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >>> have you joined the "politicsnation" conversation on facebook yet? we hope you will. president obama and romney's white house lunch was the topic of the day. charmaine says,...
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Nov 27, 2012
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what is the ways in which the united states' economy and u.s. businesses deepen ties with mexico in ways that help both countries? it's not that long ago, tamron, when presidential candidate obama was criticizing the nafta trade deal, so was hillary clinton in that democratic primary. now that trade deal was never renegotiated, which is something that was raised during the primary campaign. how do you now move to deepen ties in ways that doesn't provoke a backlash here in the united states? it's a significant challenge. >> all right, john. thank you very much. great pleasure having you on. up next, investigators exhume i can't sayer arafat's body eight years after his death over suspicions he was poisoned. plus -- >> please stop watching. i'm on to "mad men." i don't want to be on. please stop watching it. please stop filling your head with filth. please. >> this is one of those buzz stories we have to talk about. this is the 19-year-old star of the tv show "two and a half men." he looks different. he's slamming the hit show that, you know, pays
what is the ways in which the united states' economy and u.s. businesses deepen ties with mexico in ways that help both countries? it's not that long ago, tamron, when presidential candidate obama was criticizing the nafta trade deal, so was hillary clinton in that democratic primary. now that trade deal was never renegotiated, which is something that was raised during the primary campaign. how do you now move to deepen ties in ways that doesn't provoke a backlash here in the united states?...
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Nov 28, 2012
11/12
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gerri: luxury cars up 10% this year, recession, maybe not, speaking to the economy. jake, thanks for coming on tonight. great to have you on. >> you're welcome. fun being on. have a great night. green cars seem to be all the rage at the car shows every year, but they are not catching on with consumers despite president obama's dream of a million electric vehicles on the road by 2012, and 2011, only only 18,000 units sold, that's a bummer. in tonight's top five, the best selling electric cars in the u.s. so far this year, number five, ford focus electric. now, through august of this year, ford sold fewer than 200 of the vehicles. they didn't reach the lots until may. four, the mitts bee shy, sales up 400% to a whopping 403 cars. knee san, number one seller last year, only four people drove away in a leaf. oh, boy, the cousin of the best selling hybrid car, the toyota prius plug-in. only 6,000 priuses sold in the first three quarters, leaving us with the number one electric car in the u.s., yeah, you got it, the always controversial chevy volt which does not make this
gerri: luxury cars up 10% this year, recession, maybe not, speaking to the economy. jake, thanks for coming on tonight. great to have you on. >> you're welcome. fun being on. have a great night. green cars seem to be all the rage at the car shows every year, but they are not catching on with consumers despite president obama's dream of a million electric vehicles on the road by 2012, and 2011, only only 18,000 units sold, that's a bummer. in tonight's top five, the best selling electric...
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Nov 21, 2012
11/12
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for the holiday season it could be a devastating blow to the economy as well. heather: something else i found interesting when i was looking through the stats, a married couple making between 20 to 30,000 a year will go from receiving on average a $15 tax credit to owing over $1,400. so there is the marital tax credit as well. >> yes, we have marriage penalty will kickback in again and numerous other things will happen. child tax credit will be decreased. that's why i think we should extend all of these, give us a year for fundamental tax reform in washington, but right now the administration is focused on the 2% that he would like to pay higher taxes and frankly we need more jobs we don't need higher taxes in this country. heather: seeking of jobs extended federal jobless benefits those will end next year for up to 5 million americans and that could lead to losses. it's not just the tax increases that families are facing? most of the impact will be the $400 billion in tax increases, this would be the single largest tax increase in american history. then you ha
for the holiday season it could be a devastating blow to the economy as well. heather: something else i found interesting when i was looking through the stats, a married couple making between 20 to 30,000 a year will go from receiving on average a $15 tax credit to owing over $1,400. so there is the marital tax credit as well. >> yes, we have marriage penalty will kickback in again and numerous other things will happen. child tax credit will be decreased. that's why i think we should...
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Nov 29, 2012
11/12
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listen, going off the fiscal cliff will hurt our economy and will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms, it's going to be impossible to address our country's debt crisis. and get our economy going again and to create jobs. so right now, all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats, to tell the american people what spending cuts they're really willing to make. with that i'll take a few questions. >> speaker boehner, why will you not tell democrats what specific spending cuts you would like to see, especially within en titlements? >> it's been very clear over the last year-and-a-half, i've talked t
listen, going off the fiscal cliff will hurt our economy and will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms, it's going to...
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Nov 28, 2012
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it will eventually cost us jobs and eventually slow the economy. that's going to cost us revenue as well. i don't agree with the president on that point. frankly, i think he needs to be a lot more specific about putting spending cuts and entitlement reform on the table. having said that, though, if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, that's a point we should agree on, do that, and continue to fight for the things we believe in, simply because we accept that part of his offer doesn't mean we have to agree with the rest. but what i think a lot of people forget is, look, these tax rates are going up automatically unless congress acts. i favor acting to save as many of them as possible. >> makes sense. here's today, the speaker of the house john boehner signaled you out for your remarks on the compromise. let's listen to what you he said about you, sir. >> i told tom earlier in our conference meeting that i disagreed with him. you're not going to grow the economy if you rais
it will eventually cost us jobs and eventually slow the economy. that's going to cost us revenue as well. i don't agree with the president on that point. frankly, i think he needs to be a lot more specific about putting spending cuts and entitlement reform on the table. having said that, though, if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, that's a point we should agree on, do that, and continue to fight for the things we...
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Nov 29, 2012
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. >> brian: i believe he knows it's his economy now. clearly. he goes on vacation. if this is done he is not body surfing. he knows he will be tortured and ongoing katrina. john boehner is frustrated after a closed door meeting with geithner. >> eric: brian's point, vacation is on because president obama knows he has a deal. >> dana: i don't think -- well, one, the present doesn't have a spending cut plan. why is everyone looking at us. where is your plan, sir? now the democrats are starting to realize wait, i think they are on to us. president obama sacrificed going to hawaii with his family. going to stay behind. they will fawn over him for not going to hawaii. >> bob: that happened last year. if you accept the bush tax cut last time. family went off and obama stayed behind. it's time so just accept it. >> brian: it is the same game. the house republican and the senate democrat and president is democrat. >> eric: i can't tell you how many shows i stayed until 11:59, live show for the debt creeling to hit or the government to shut down. government would shut down,
. >> brian: i believe he knows it's his economy now. clearly. he goes on vacation. if this is done he is not body surfing. he knows he will be tortured and ongoing katrina. john boehner is frustrated after a closed door meeting with geithner. >> eric: brian's point, vacation is on because president obama knows he has a deal. >> dana: i don't think -- well, one, the present doesn't have a spending cut plan. why is everyone looking at us. where is your plan, sir? now the...
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Nov 25, 2012
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call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. so i brought it to mike at meineke. we gave her car a free road handling check. i like free. free is good. my money. my choice. my meineke. >>> welcome back to cnn sunday morning. i'm randi kaye. here are some of the stories that we're watching right now. today is expected to be one of the busiest travel days of the year. pack some patience. nearly 2.5 million thanksgiving holiday travellers will be catching a flight back home. millions more will be on the road. triple-a projecting 43.6 million americans are traveling during this long holiday weekend. that is, three million more than last year. >>> in washington one person is in critical condition after being injured in a fire at the state department. three others were also hurt. it's unmn what actually sparked the fire. it seemed to have started many some duct work. construction crews working in the building put it out. >>> a big animal rescue operation out of tennessee now. in fa
call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. so i brought it to mike at meineke. we gave her car a free road handling check. i like free. free is good. my money. my choice. my meineke. >>> welcome back to cnn sunday morning. i'm randi kaye. here are some of the stories that we're watching right now. today is expected to be one of the busiest travel days of the year. pack some patience. nearly 2.5 million...
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Nov 24, 2012
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this is why, small businesses are so important to our nation's economy. take a look at these numbers. according to the u.s. small business administration, they represented 99.7% of all employer firms and employ half of all private sector employees. what does it tell us about america's economic future. gary is president of coltbaum capital management. thanks for joining us. so this is about main street, not wall street. you heard i said about small business saturday. can this help small businesses from ending 2012 in the red? >> any concerted effort to put small business front and center is huge. small business has had it rough. access to capital has not been easy. we had a toughmy. even though they are fighting the big businesses, you see the videos of people standing in line walmart. you are not hearing about people standing in line at uncle bob's flower shop. it's the driver and engine of all business going forward. >> heather: in terms of new jobs added by small businesses, this is another great statistic when you take a look at importance of these sma
this is why, small businesses are so important to our nation's economy. take a look at these numbers. according to the u.s. small business administration, they represented 99.7% of all employer firms and employ half of all private sector employees. what does it tell us about america's economic future. gary is president of coltbaum capital management. thanks for joining us. so this is about main street, not wall street. you heard i said about small business saturday. can this help small...
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Nov 26, 2012
11/12
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we are trying to help the economy. unless i can be convinced that raising tax rates will be beneficial then i believe there are reasons and grounds for my position. >> a handful of republicans have signaled a willingness to break their bridge to raise revenues. they include a senator from georgia. as you've said senator lindsey graham from south carolina, representative peter king of new york. king spoke out on "meet the press" yesterday about his change of heart. >> if i were in congress in 1941 i would have signed the declaration of war against japan, i'm not going to attack japan today. the world is changed and the economic situation is different. ronald reagan and tip o'neal realized that in the 1980s. i think everything should be on the table. i'm "posed to tax increases. the speaker, the majority leader and president will be in a room trying to find the best package. i'm not going to prejudge it. >> reporter: king added that we should be taking iron-clad positions in these negotiatings. martha: and all of these p
we are trying to help the economy. unless i can be convinced that raising tax rates will be beneficial then i believe there are reasons and grounds for my position. >> a handful of republicans have signaled a willingness to break their bridge to raise revenues. they include a senator from georgia. as you've said senator lindsey graham from south carolina, representative peter king of new york. king spoke out on "meet the press" yesterday about his change of heart. >> if i...
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Nov 27, 2012
11/12
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in terms of the economy, don't do it in the macro thing to help the economy. no. focus does it enable people to get through a rough patch and get people back on their feet. bill: or do you take the other argument and suggest the more unemployment you receive the less incentive it is for someone to actually find a job? >> well, the benefits are not overly generous on this thing but the key thing to keep in mind is, yes, you don't want these things to go on forever because people will then hold out for that job that may not be out there. so have a definite cuttoff date. people know they may have to take something they don't like at the beginning but that all focuses on we have to focus on getting this economy back on its feet. that is something that seems to beyond the capability of washington right now. bill: if you would argue for extending unemployment benefits, in all likelihood a guy like steve forbes will argue to get spending cuts to offset that increase? but there has not been a desire shown by washington, you know, to cut the spending to make the books matc
in terms of the economy, don't do it in the macro thing to help the economy. no. focus does it enable people to get through a rough patch and get people back on their feet. bill: or do you take the other argument and suggest the more unemployment you receive the less incentive it is for someone to actually find a job? >> well, the benefits are not overly generous on this thing but the key thing to keep in mind is, yes, you don't want these things to go on forever because people will then...
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Nov 26, 2012
11/12
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if you raise rates that will impact jobs, that will impact the economy in a devastating way. that's why i don't think you see any republicans moving on that. jon: doug, what do you think about that? >> well the rates we're talking about raising they would go back to where they were under president clinton and during the '90s i think most people would agree we had a pretty strong economy. certainly stronger on that the one george bush and liz cheney's dad brought us. look at the end of the day, you know this is going, it will have to be balanced and to get to $4.4 trillion, that is the kind of target number that the president has put out there you can't just do it on spending cuts. i'm not sure if you can do it just on capping deductions. that is what these guys are paid big bucks for to figure out. sit at table, do the arithmetic, get a final deal. jon: we had 9/11 during the bush administration and that had huge impact on economy and wars after it. doug and ron, thank you both. we started a question about the discussion of grover norquist. he will be neil cavuto's guest on "
if you raise rates that will impact jobs, that will impact the economy in a devastating way. that's why i don't think you see any republicans moving on that. jon: doug, what do you think about that? >> well the rates we're talking about raising they would go back to where they were under president clinton and during the '90s i think most people would agree we had a pretty strong economy. certainly stronger on that the one george bush and liz cheney's dad brought us. look at the end of the...
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Nov 26, 2012
11/12
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it is a march towards the central control of the economy. dagen: if we raise more revenue, there will not be a turnaround and they will cut spending. the democrats. >> yes, i am saying it. this is economics 101. more money the government takes from us, the less money we have to invest. the less money we have to invest, the less jobs that will be produced. how do you think we got to the point where half the country is dependent on the government already. dagen: you do not think the proportionally? cut spending >> no. grover norquist has worked towards this and my hat is off to him, i think it is a losing cause. so long as republicans fall for the same nonsense that the democrats have given us. give away money and return for votes. connell: we will run to the markets. we could go all afternoon with this. dagen: just me and the judge. connell: look at this. dagen: take a look at the dow industrials now. we also want to take a look at apple stock, do we not? connell: of 1% today. almost out $580 on the apple stock price. dagen: shibani joshi. yo
it is a march towards the central control of the economy. dagen: if we raise more revenue, there will not be a turnaround and they will cut spending. the democrats. >> yes, i am saying it. this is economics 101. more money the government takes from us, the less money we have to invest. the less money we have to invest, the less jobs that will be produced. how do you think we got to the point where half the country is dependent on the government already. dagen: you do not think the...
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Nov 24, 2012
11/12
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economy could certainly use a boost of holiday shopping. so what's the outlook? >> well, there are some good signs early. one of them comes from the national association of retailers. now, their projections tend to be pretty conservative. all the same. this organization believes that as far as retailers are concerned, it's going to be a pretty good 2012 holiday shopping season. we expect sales to rise 4% this year a little lower than last year. we really believe that consumers are feeling a lot more confident this year. now if you are looking for a segment to grow even faster than 4 hers projection try online already. ibm research signature it was up 17% on thanksgiving day. 20% already for this holiday shopping season, john? >> it turns out some of those black friday deals are not all they are cracked up to be. >> some of them, according to decide incorporated which part nerd up with a news corps fellow organization the "wall street journal" they took a look at some of these bargains and came to the same conclusion that shoppers came to that they are really deal
economy could certainly use a boost of holiday shopping. so what's the outlook? >> well, there are some good signs early. one of them comes from the national association of retailers. now, their projections tend to be pretty conservative. all the same. this organization believes that as far as retailers are concerned, it's going to be a pretty good 2012 holiday shopping season. we expect sales to rise 4% this year a little lower than last year. we really believe that consumers are feeling...
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Nov 27, 2012
11/12
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won't hurt the economy? >> everybody wants to know how can we do this while putting the pain on somebody else? and we're going to start doing that, i think, in 2013. that's just simply not going to solve the problem. every credible plan, bipartisan plan that explains how you have to do this calls for tax increases, such as a 15 cent per gallon hike in the gasoline tax. that was in the bowls simpson report. moderate increases in tax rates or fewer dedukctions for virtually all taxpayers. this is not something we can solve by minor tax increases on a few americans. this is a start. if it is going to really make a difference it going to have to affect most americans and that's how we'll know this is a serious effort to deal with the $16 trillion debt. >> rick newman, thank you. >> thanks, brooke. >>> this hour, mexico's president elect sits down with the president of the united states at the white house. and at the top of that agenda, the possibility to deepen economic ties win the two countries. let's go to th
won't hurt the economy? >> everybody wants to know how can we do this while putting the pain on somebody else? and we're going to start doing that, i think, in 2013. that's just simply not going to solve the problem. every credible plan, bipartisan plan that explains how you have to do this calls for tax increases, such as a 15 cent per gallon hike in the gasoline tax. that was in the bowls simpson report. moderate increases in tax rates or fewer dedukctions for virtually all taxpayers....
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Nov 29, 2012
11/12
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economy expanded at an annual rate of 2.7%. and that's better than the original 2% even that was reported a couple of weeks ago and last week, there were 393,000 new claims for jobless benefits and down from the previous week, but you're still very close to the 400,000 per week mark and that's a sign of weakness, albeit, come of that clearly from the storm, that's still not a healthy vigorous rebound, is it? trading has begun this thursday morning. we're expecting the dow to go up 50, 60 points and that's in part because of the fiscal cliff debate and looks like the president won taxes now, promises of entitlement reform later and don't care about the debt. the market kind of likes that, because the money keeps flowing. in the first part of business, we're flat, i thought more than that, we're up 2, 10 points and going up from here, at least in the early going. now, we've got another big name that you know #, trying to help shareholders avoid higher taxes next year, it's disney and increased the cash dividend by 25% and paying
economy expanded at an annual rate of 2.7%. and that's better than the original 2% even that was reported a couple of weeks ago and last week, there were 393,000 new claims for jobless benefits and down from the previous week, but you're still very close to the 400,000 per week mark and that's a sign of weakness, albeit, come of that clearly from the storm, that's still not a healthy vigorous rebound, is it? trading has begun this thursday morning. we're expecting the dow to go up 50, 60 points...
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Nov 27, 2012
11/12
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that would have a bad effect on the economy. republicans have already agreed to increase taxes on the wealthy. when you heard senator gram and others say they're willing to cap deductions and close loopholes. they're willing to find new revenues we know taxes on the wealthy are going up. what we're talking about is an increase in rates. republicans tell me if the president moves off the 250,000 number to somewhere between 500,000 and a million they're going to end up agreeing to an increase in rates. that will be slight. it won't be 39.6. but that would probably end up with republicans budging there. democrats have one place to go. they have to agree to some movement on medicare reform. the president has inched over there but he is under tremendous pressure from liberals not to touch medicare. he will have to give something or republicans won't give increase in the debt ceiling. jon: you talked to bret baier a lot on "special report" and he was on yesterday and gave us a statistic our brain room developed but bret didn't get it
that would have a bad effect on the economy. republicans have already agreed to increase taxes on the wealthy. when you heard senator gram and others say they're willing to cap deductions and close loopholes. they're willing to find new revenues we know taxes on the wealthy are going up. what we're talking about is an increase in rates. republicans tell me if the president moves off the 250,000 number to somewhere between 500,000 and a million they're going to end up agreeing to an increase in...
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Nov 26, 2012
11/12
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in fact i'd say there's a great uncertainty that's just hanging over the entire economy because we're not confident that our guys can govern anymore. there's a lot of money on the sidelines that people are willing to invest. people like me just aren't hiring now because we're not confident they can do it. >> so i mean you've heard that. i'm sure you've heard that from business and this is one of the business leaders that's been talking to the white house and trying to get them to be more flexib flexible. what taxes do you think we're going to end up with? you've been through it round and round as you said. are we going to end up with a different capital gains tax rate? >> first of all, dave, i've had dinner with dave and multiple meetings with him. i couldn't agree more with him. and that's why, andrea, we have plenty of time to make these decisions. it's just a matter of doing it. we can do it in two or three weeks. candidly they can be made in two or three days. it's easy to put this policy into writing. i've demonstrated that with a bill. but what dave is saying is if we would just
in fact i'd say there's a great uncertainty that's just hanging over the entire economy because we're not confident that our guys can govern anymore. there's a lot of money on the sidelines that people are willing to invest. people like me just aren't hiring now because we're not confident they can do it. >> so i mean you've heard that. i'm sure you've heard that from business and this is one of the business leaders that's been talking to the white house and trying to get them to be more...
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Nov 29, 2012
11/12
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well, the economy is worse now than it was then. frankly, if you look at the dynamic shift in demographics our entitlements are growing at a time when our working population is decreasing. the only answer to all these problems is sustained economic growth. it's the economy, stupid. megyn: what if the republicans say we agree, raise the taxes on the rich. and then what would happen? then what they would be debating about when that most likely didn't fix the problem, quick last word. >> it's a terrible position for the republicans to be in. their only negotiating coin right now. and to give in without doing something to figure out these entitlement program would be a disaster for the republican party. megyn: michael, thanks. coming up, a provocative column in the "wall street journal" on race in america. megyn: the teacher's union in buffalo, new york attracted national attention when we learned their contract benefits include coverage for taxpayer turned plastic surgeries. the issue came up again and trace gallagher picks up our stor
well, the economy is worse now than it was then. frankly, if you look at the dynamic shift in demographics our entitlements are growing at a time when our working population is decreasing. the only answer to all these problems is sustained economic growth. it's the economy, stupid. megyn: what if the republicans say we agree, raise the taxes on the rich. and then what would happen? then what they would be debating about when that most likely didn't fix the problem, quick last word. >>...
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Nov 26, 2012
11/12
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we're trying to help the economy. so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there is reason and grounds for my position. >> but other republicans have signaled a willingness to break their pledge to raise revenues. senator lindsey graham speaking on one of the talk shows over the weekend said he's willing to entertain closing tax loopholes and deductionses, but only with the commensurate deeply painful cuts from the democrats. here he is. >> i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> let me salute lindsey graham. what he just said about revenue and taxes needs to be said on his side of the i'll. we need to be honest on our side of the aisle and as we did under bowles simpson, put everything on the table. >> but when asked if he'd be willing to reform social security, senator durbin says social security doesn't add one penny to the debt. that it's a separately funded operation. one final
we're trying to help the economy. so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there is reason and grounds for my position. >> but other republicans have signaled a willingness to break their pledge to raise revenues. senator lindsey graham speaking on one of the talk shows over the weekend said he's willing to entertain closing tax loopholes and deductionses, but only with the commensurate deeply painful cuts from the democrats. here he...
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Nov 28, 2012
11/12
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just 34% think the economy will be stronger. that pop comes as one of the writers at "forbes" magazine identified a phenomenon called the death spiral states. these are 11 states where private sector workers are outnumbered by people dependent on the government. if you plan on buying a home or investing your money there you may be putting your hard-earned dollars at significant risk. melissa francis. you love it. >> reporter: i never get tired of hearing you say this. megyn: i noticed one of the states is new york. >> reporter: absolutely. there are two factors that put a state on the death spiral list which i like because it's very dramatic. one is one of the things you are talking about, the ratio of takers versus makers in the state. "forbes" isn't trying to be mean. what they are talking about is people who receive a check from the state so they could be state workers, welfare recipients or pensioners versus those who send a check into the state because they work in private sector. they made that ratio. for example, in calif
just 34% think the economy will be stronger. that pop comes as one of the writers at "forbes" magazine identified a phenomenon called the death spiral states. these are 11 states where private sector workers are outnumbered by people dependent on the government. if you plan on buying a home or investing your money there you may be putting your hard-earned dollars at significant risk. melissa francis. you love it. >> reporter: i never get tired of hearing you say this. megyn: i...
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Nov 23, 2012
11/12
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this is a very, very, very weak economy right now, workers' wages are going down, we should point that out. that's why unions, that's why there's sympathy for what's going on here. we have a president of the united states to think -- that thinks to solve that issue it's good to raise taxes on everybody, even on small businesses. he's really not taking into account the economic impact of what's going on in the country right now. you have to have sympathy for these folks, but they should remember, they should heed the example of hostess and the automakers, you push too hard, there are economic consequences. job consequences and company-wide consequences. patti ann: briefly, the controversy over working on thanksgiving -- >> well, that's a joke. i mean, come on. listen, you take this job, my dad was a bartender. i washed dishes as a kid. we worked easter, okay? easter's a big italian-american holiday, by the way, but we did it because those were the conditions of the job. like i said, these are not coal miners, they're not risking their lives over at wal-mart. they work in retail, and gue
this is a very, very, very weak economy right now, workers' wages are going down, we should point that out. that's why unions, that's why there's sympathy for what's going on here. we have a president of the united states to think -- that thinks to solve that issue it's good to raise taxes on everybody, even on small businesses. he's really not taking into account the economic impact of what's going on in the country right now. you have to have sympathy for these folks, but they should...
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Nov 29, 2012
11/12
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about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's expected to happen? >> reporter: good morning, bill. the vote on the palestinians, a nonmember observer state. we expect to hear from palestinian authority president mahmoud abbas within the next hour. that vote coming after he turned president obama down flat. the u.s. does not want this vote. the palestinians made a move for it last year in the security council where we have a veto. there is no u.s. veto in the 193-member general assembly where it is expected to pass overwhelmingly later this afternoon. last year the pal
about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's...
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Nov 21, 2012
11/12
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the egyptian economy is a wreck. they have lost their tourist dollars. egypt is the world's largest importer of wheat. the population is growing by a million people a year. they are completely dependent on outside aid. this government took power at the beginning of the year. and since then the flow of rocket materials into gaza has accelerated as has the firing of rockets. so it looks to what have happened is this, that the new government began by allowing hamas more room to behave destructively. then they ran out of money. then they went to the imf, and the imf squeezed them. they said, if you want the money, the rockets stop. and it looked like they got the money on thursday. -- sorry, two days ago, and the rockets are stopping today. >> now, to talk about a long-term solution, a lot of discussion has involved the former president bill clinton. wolf talked just a little while ago today in fact to middle east peace envoy -- the former middle east peace envoy george mitchell. here's what he had to say about the possibility of involving the former preside
the egyptian economy is a wreck. they have lost their tourist dollars. egypt is the world's largest importer of wheat. the population is growing by a million people a year. they are completely dependent on outside aid. this government took power at the beginning of the year. and since then the flow of rocket materials into gaza has accelerated as has the firing of rockets. so it looks to what have happened is this, that the new government began by allowing hamas more room to behave...
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Nov 27, 2012
11/12
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this is the latest effort to help greece stabilize its ailing economy. however, austerity measures are also part of the bailout package. >>> more than 100,000 people packed cairo's tahrir square chanting against egypt's president who they say wants to become a dictator. [ chanting ] >> police are fighting back demonstrators with tear gas. so far at least one person is dead and almost 400 injured as a result of the violence. >>> forensic teams in the west bank city of ramallah have exhumed the body of yasser arafat. a big blue tarp surrounded his grave as workers drilled through layers of concrete to reach the tomb. a murder investigation began last summer after a swiss lab found high levels of a deadly radioactive substance on arafat's clothing. now investigators have taken samples from his remains to determine if he was in fact poisoned. >>> heavy rains are flooding the uk. take a look. people were forced from their homes as streets turned into rivers in wales and england. crews rescued one elderly man and at least 500 homes have been affected and 70,00
this is the latest effort to help greece stabilize its ailing economy. however, austerity measures are also part of the bailout package. >>> more than 100,000 people packed cairo's tahrir square chanting against egypt's president who they say wants to become a dictator. [ chanting ] >> police are fighting back demonstrators with tear gas. so far at least one person is dead and almost 400 injured as a result of the violence. >>> forensic teams in the west bank city of...
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Nov 29, 2012
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economy grew at a faster pace than initially thought. third quarter, grow mow destick product or gdp expanded at 2.7%, slightly below expectations but topped the initial estimate. >> entrepreneurship in the u.s. jumped 60% in 2011 from the prior year. more than 7 million u.s. adults running their own business or starting their own shops. the study found the first up stick in entrepreneural activity since 2008. that is the latest from fox business network, giving you the power to prosper lori: breaking news from d.c. capitol visitors center is being evacuated. we're heading straight back to peter barnes to the latest what is going on. peter? >> lori, we have fire trucks on capitol hill after there was an audible alarm, one or two of them in the capitol visitors center, a popular tourist destination here. the structure has been evacuated. streets around the capitol had have been closed off. according to our colleague at fox news there are nine fire trucks on sight right now, multiple pumpers, hooks and ladders. a senior security official t
economy grew at a faster pace than initially thought. third quarter, grow mow destick product or gdp expanded at 2.7%, slightly below expectations but topped the initial estimate. >> entrepreneurship in the u.s. jumped 60% in 2011 from the prior year. more than 7 million u.s. adults running their own business or starting their own shops. the study found the first up stick in entrepreneural activity since 2008. that is the latest from fox business network, giving you the power to prosper...
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Nov 27, 2012
11/12
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we believe in stimulating the economy by leaving more money in the economy, more money in the states, more money in the private sector, and that is our philosophy. >>neil: you do not by a poll that says the majority of americans are for sticking it to the rip. >>guest: if you talk to people and you say, do you understand that your boss employs you, and your boss could be richer than you but if you tax your boss more it could be less jobs, that may not be your job but the person trying to get a job whose business does not expand because the taxes increase. people do get that. the president did run on a class warfare, class envy type of argument but he only got 40 percent of the vote in my state so my state rejected the message. >> the way it stands no with the proposals i have heard and senator john mccain could be right there could be a deal in the final hour, a way to avoid this mess, but most of the stuff i see are concessions on the part of republicans on revenue and not just avoiding a rate hike but they could feed on limiting deductions that could cost the rich more? >>guest: i a
we believe in stimulating the economy by leaving more money in the economy, more money in the states, more money in the private sector, and that is our philosophy. >>neil: you do not by a poll that says the majority of americans are for sticking it to the rip. >>guest: if you talk to people and you say, do you understand that your boss employs you, and your boss could be richer than you but if you tax your boss more it could be less jobs, that may not be your job but the person...
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Nov 29, 2012
11/12
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FBC
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that will hurt our economy and cost american jobs. republicans have taken action to revert the fiscal cliff. to replace the sequestered and paid way for tax reform and entitlement reform. we are the only ones with a balanced plan to protect the economy, protect american jobs and protect the middle class from the fiscal cliff. without spending cuts and entitlement reform, it will be impossible to address our countries debt crisis and get our economy going again and create jobs. right now, all eyes are on the white house. our country does not need a victory lap, it needs leadership. it is time for the president and congressional democrats to tell the american people what spending cuts they are really going to make. with that, i will take a few questions. [inaudible question] >> we have outlined very specific proposals that we passed in last year's budget and the budget before. we know what the venue is. what we do not know is what the white house is willing to do to get serious about solving our debt crisis. [inaudible question] >> i am
that will hurt our economy and cost american jobs. republicans have taken action to revert the fiscal cliff. to replace the sequestered and paid way for tax reform and entitlement reform. we are the only ones with a balanced plan to protect the economy, protect american jobs and protect the middle class from the fiscal cliff. without spending cuts and entitlement reform, it will be impossible to address our countries debt crisis and get our economy going again and create jobs. right now, all...
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Nov 24, 2012
11/12
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how critical is this moment in time to our economy? >> overall black friday weekend can account for up 120% of holiday season sales. consumers are always pro procrastinateor procrastinators. >> is this a big time >> it's important for retailers. >> we're building up to the fiscal cliff. how will that affect how retailers treat this holiday season? >> they are manage very carefully. if one thing came out of the recession they know how to manage. for holiday 2012 retailers bought less inventory. yes, there are discounts and they planned carefully for them but you may not have what you want if you wait too long. >> are retailers worried shoppers may spend less because they hear talk about the fiscal cliff and taxes going sfup >> that's allocated to the high end or lower income. when retailers look for they manage those high end income inventories and it's january or february. if there's discussions about it that's definitely a concern for christmas. >> we heard about the protests on walmart. they said it was benefits wages, treatment of e
how critical is this moment in time to our economy? >> overall black friday weekend can account for up 120% of holiday season sales. consumers are always pro procrastinateor procrastinators. >> is this a big time >> it's important for retailers. >> we're building up to the fiscal cliff. how will that affect how retailers treat this holiday season? >> they are manage very carefully. if one thing came out of the recession they know how to manage. for holiday 2012...
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Nov 25, 2012
11/12
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KPIX
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ yeah, i might have ears like a rabbit... but i want to eat meat! [ male announcer ] iams knows dogs love meat. ...but most dry foods add plant protein, like gluten iams never adds gluten. iams adds 50% more animal protein, [ dog 2 ] look at me! i'm a lean, mean flying machine [ dog 1 ] i am too! woo hoo! [ male announcer ] iams. with 50% more animal protein. [ dog 2 ] i'm an iams dog for life. not a rabbit. woof! >> osgood: take a good, quick look. serving of gelato doesn't last long under hot studio lights nor does a serving last long when it's placed before anyone with a sweet tooth. alan pizzey found plenty of those in the city that's the birth place of gelato. >> reporter: the fat one may seem an unflattering nickname for a city with the oldest university in europe, but it is actually a compliment. bologna is the gastronomic heart of italy, the place where food is an art form. and nothing epitomizes it like the dell h
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ yeah, i might have ears like a rabbit... but i want to eat meat! [ male announcer ] iams knows dogs love meat. ...but most dry foods add plant protein, like gluten iams never adds gluten. iams adds 50% more animal protein, [ dog 2 ] look at me! i'm a lean, mean flying machine [ dog 1 ] i am too! woo hoo! [ male announcer ] iams. with 50% more...
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Nov 29, 2012
11/12
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CURRENT
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that's not the american dream and that's not the way you make an economy work. they're way and you have whack. >> you raised the issue of germany. many point to it's robust economy and manufacturing sector who would resist here worker representationen oh the board of directors. how has the actual representation impacted labor strife over in europe, for example? >> you know, there is some strife but i think there is also more of a sense that we're all in this together. as you point out i mentioned germany, but it's, you know, france all the way through the nordic countries. the other thing that's key is in a newly emerging democracy like brazil the workers through collective bargaining is four to five times the level of the united states. you have rising wages millions of brazilian workers coming into middle income status, able to buy the things they produce and a growing economy in brazil. here the micro system of each employer trying to maximize profits at the expense of employees is leading us to a sled ride to the bottom. that's a large reason our economy is
that's not the american dream and that's not the way you make an economy work. they're way and you have whack. >> you raised the issue of germany. many point to it's robust economy and manufacturing sector who would resist here worker representationen oh the board of directors. how has the actual representation impacted labor strife over in europe, for example? >> you know, there is some strife but i think there is also more of a sense that we're all in this together. as you point...
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Nov 23, 2012
11/12
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in a down economy, very cash centric. if i get paid on friday, that's when i'm going to shop. >> shopping day. >> because i don't have a credit card or i'm adverse to using one. >> you heard that guy from jane's report. he bought 400 bucks and saved 700. that's ginormous. >> is it better to go to the stores or do it online? >> the deals tend to be difference. there's a phenomenon of showrooming. best buy has struggled it. they go and look and shop online. in some cases there's no secret to t. they're revealing them on line. you can search best buy black friday. >> now you make me feel guilty because i've done that. >> they know that. you're going to start to see stores be smaller and smaller footprints. >> my fault, great. >> what areas of retail do you find the best game? >> electronics are very hot. not so much. that buying is usually dictated by when your service plan is up. hard gift. tvs, not a great gift. last generation tablets and ipad touches and readers. the nook for example is on sale at walmart. so is the ipad
in a down economy, very cash centric. if i get paid on friday, that's when i'm going to shop. >> shopping day. >> because i don't have a credit card or i'm adverse to using one. >> you heard that guy from jane's report. he bought 400 bucks and saved 700. that's ginormous. >> is it better to go to the stores or do it online? >> the deals tend to be difference. there's a phenomenon of showrooming. best buy has struggled it. they go and look and shop online. in some...
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Nov 28, 2012
11/12
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he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. >>> thanks for staying with "the ed show" tonight. the story goes to the heart of what we deserve. if we elect someone to the senate, we expect them to do what? get something done. unfortunately the republicans have been using the filibuster to block legislation. now the democrats want to change the rules to keep the next group of republicans from doing the same thing. we'll talk about those changes in a moment. first republicans have used the filibuster and really used it as well. it's normally a great tool for the minority to have a voice. it can slow down a discussion of a bill. it allows the minority to make changes before a vote. filibuster can also kill a bill, even if the majority of senators want to pass it. now over the last four years, the republicans have been using the filibuster as really a political weapon to cripple the senate and movement at all. here's a comparison. lyndon johnson served as senate majority leader for the
he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. >>> thanks for staying with "the ed show" tonight. the story goes to the heart of what we deserve. if we elect someone to the senate, we expect them to do what? get something done. unfortunately the republicans have been using the filibuster to block legislation. now the democrats want to change the rules to keep...
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Nov 28, 2012
11/12
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and to strengthen this economy. we should take action before the end of the year and we should make some decisions and we should set ourselves on the path to serious deficit reduction. and we can do that. we need to just be able to work together to make that happen. >> congresswoman allyson schwartz, thank you very much. >>> coming up next, susan rice, once again, comes face to face with several republicans, and one senator in particular said she would make a better politician than a diplomat. >>> the economy, not great, but americans are still buying up their powerball tickets. why? because it is the biggest powerball jackpot in history and it just got bigger. let's say you want to get ahead in your career. how do you get from here... to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. ln fact, by thinking about where want your education to lead, while you're still in school, you might find the best route... leads somewhere you weren't even looking. let'
and to strengthen this economy. we should take action before the end of the year and we should make some decisions and we should set ourselves on the path to serious deficit reduction. and we can do that. we need to just be able to work together to make that happen. >> congresswoman allyson schwartz, thank you very much. >>> coming up next, susan rice, once again, comes face to face with several republicans, and one senator in particular said she would make a better politician...
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Nov 29, 2012
11/12
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history, iran is likely to continue using techniques honed in the grand bazaar like bartering to keep its economy alive. ivan watson, cnn, istanbul. >>> just about everything in the u.s. military is regimened and tightly controlled. after the david petraeus scandal and other u.s. generals, does the u.s. military need more than just a review of the rules? let's go to our pentagon correspondent barbara starr. what's going on? >> you know, wolf, with so many officers misbehaving these days, in fact it could come to just that. pentagon investigators have zeroed in now on specific potentially inappropriate e-mails general john allen, the commander of the afghanistan war wrote to jill kelley. she's the socialite who gave her e-mails to the fbi, some that turned out to be from cia director david petraeus' mistress. allen, whose nomination to be military chief of nato is on hold, faces uncertainty. no one knows what the investigation will recommend. high profile problems with some of america's most senior military officers now a matter for the white house. this week president obama is to receive an initi
history, iran is likely to continue using techniques honed in the grand bazaar like bartering to keep its economy alive. ivan watson, cnn, istanbul. >>> just about everything in the u.s. military is regimened and tightly controlled. after the david petraeus scandal and other u.s. generals, does the u.s. military need more than just a review of the rules? let's go to our pentagon correspondent barbara starr. what's going on? >> you know, wolf, with so many officers misbehaving...